Private Loan Payoff Letter Template offers a clear and professional format for requesting an official statement of your loan payoff balance. Creating a payoff letter is essential to any loan or mortgage repayment process.Our free templates and this guide can help you get started. Create a Loan Payoff Letter online and download it as a PDF or Word document. Customize and print a blank Loan Payoff Letter for free. Below you will find links to useful forms and documents for easy and convenient access. The release is what removes the lien, which in your case isn't there. How to write a financial aid appeal letter. In your financial aid appeal letter, include a clear 'ask' and a specific 'why.' How can I request to defer my loan payments due to a financial hardship?